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BENTONVILLE, Ark. – April 17, 2014 – Millions of customers transfer money domestically
each year, many of them struggling to navigate the complex and costly fees that
come with each transaction. Today, Walmart and Ria are launching a retail
industry first – Walmart-2-Walmart Money Transfer Service. Available April 24,
the new low-cost service allows customers to transfer money to and from more
than 4,000 Walmart stores nationwide for up to 50 percent less than similar
offerings on the market.

“After
listening to our customers complain about the high fees and confusion associated
with transferring money, we knew there had to be a solution,” said Daniel
Eckert, senior vice president of services for Walmart U.S. “Walmart-2-Walmart
brings new competition and transparent, everyday low prices to a market that
has become complicated and costly for our customers. We’re doing what we do
best – launching a new service that challenges
the status quo and drives down prices for our customers.”

Walmart-2-Walmart
offers a clear fee structure with just two pricing tiers: customers can
transfer up to $50 for $4.50 and up to $900 for $9.50. Competitive offerings
often include 10 or more fee tiers and charge up to $70 for transferring less
than $1,000. Money transfers above $50 make
up the majority of transactions in the U.S. Walmart-2-Walmart will bring
dramatic savings to these customers, for example:

Walmart-2-Walmart
leverages the retailer’s existing footprint and technology, and is powered by
Ria, a
Euronet subsidiary and a leading global provider of money transfers. Ria is the licensed money transfer operator for all
Walmart-2-Walmart transactions, and Walmart acts as the authorized agent of Ria.

“We
believe the combination of Walmart’s existing footprint, with Ria’s
high-quality service, and our shared focus on the customer is what makes
Walmart-2-Walmart a true differentiator and stand apart from other services on
the market,” said Juan Bianchi, chief executive officer of Ria Money Transfer.

“Walmart-2-Walmart
isn’t just another money transfer service. It provides customers the best value
with the speed and security they expect.”

Almost
28 percent of Americans are classified as either underbanked or unbanked, with
millions using money transfers as a critical part of maintaining household
budgets or helping friends and family in times of crisis. Communities that rely
on money transfers the most include members of the military or oil field
workers who send part of their paycheck back to their families each week.

Walmart also offers other
everyday money services such as check cashing, bill pay, money orders and tax
preparation services, as well as industry-leading pre-paid card programs though
the Walmart MoneyCard, and Bluebird, a checking and debit alternative. These
services – and Walmart-2-Walmart – are available at the Walmart MoneyCenter or
Walmart’s customer service desks.

“Walmart-2-Walmart
is a great example of how Walmart continues to partner with world-class
providers to offer customers financial products and services that provide clear
benefits and help them save money,” added Eckert. “The entrance of
Walmart-to-Walmart into the money transfer market is good for our customers and
good for business.”

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Editor’s Note:
Compared to other money transfer providers at Walmart for 12 months
ending April 15, 2014. Savings vary by transfer amount. Available for
domestic transfers up to $900. Visit the Walmart MoneyCenter for details.

About Walmart Wal-Mart
Stores, Inc. (NYSE: WMT) helps people around the world save money and live
better – anytime and anywhere -- in retail stores, online, and through their
mobile devices. Each week, more than 245 million customers and members visit
our 11,302 stores under 71 banners in 27 countries and ecommerce websites in 10
countries. With fiscal year 2014 sales of over $473 billion, Walmart employs
more than 2 million associates worldwide. Walmart continues to be a leader in
sustainability, corporate philanthropy and employment opportunity. Additional information
about Walmart can be found by visiting http://corporate.walmart.com on Facebook at
http://facebook.com/walmart and on Twitter at http://twitter.com/walmart. Online
merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.

About Ria
Ria
Money Transfer is a global leader in money remittances and is a recognized
benchmark in both quality and service.
Ria initiates transfers through a network of sending agents and
company-owned stores located throughout North America, Europe and Australia as
well as online at www.riamoneytransfer.com. In 2013, Ria processed approximately 28
million money transfer with a face value of more than $9 billion through a
network of 216,000 locations in 135 countries.
Ria is steadfast in its commitment to customers and remains ingrained
within the communities in which they live.
For more information visit www.moneytransfer.com.